3M (MMM) is a global science company that seems to never stop inventing. Using 46 technology platforms, their integrated team of scientists and researchers works with customers to create breakthroughs. Their inventions have improved daily life for hundreds of millions of people all over the world. With $30 billion in sales, 90,000 employees connect with customers all around the world. Scientists, researchers, and marketers work across countries and across subjects to solve challenges big and small.
Reportedly, 3M is moving its enterprise resource planning (ERP) system which includes supply chain management, accounting, manufacturing, e-commerce, and product lifecycle management along with business-critical enterprise IT applications to world’s leading cloud, Amazon Web Services, Inc, an Amazon.com company. The migration is a part of the company’s wide enterprise IT transformation initiative.
3M plans to leverage AWS’s exclusive portfolio of services, including machine learning, storage, analytics, and databases to optimize, regulate and automate operational, manufacturing, and business processes and product solutions. With this move, 3M expects to drive efficiencies and speed in fulfilling 3M’s customer needs.
John Turner, Vice President, IT Systems and Chief Information Officer at 3M stated “AWS is integral to our enterprise IT transformation as we look for better ways to serve our customers, streamline the way we work, and compete globally. AWS, with its proven experience and highly performant global infrastructure, will deliver the agility, speed, and scalability 3M needs to launch new business processes and service models. We look forward to expanding our use of AWS’s portfolio of services, including analytics and machine learning, to gain greater insights and become an even more agile company in the cloud.”
Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
Stay Informed! Stay Competitive! Please join us at Vista Partners and receive our FREE email updates throughout the week and view our exclusive content and research.